Oil market at 'tank bottoms' in Asia — and Europe isn't far behind — warns Carlyle's Currie

AI Summary

Oil markets in Asia are reaching minimum operating levels, with Europe likely to face similar declines soon and the United States potentially encountering shortages by July, according to Jeff Currie of Carlyle. This highlights growing concerns over global oil supply levels.

Oil markets are nearing minimum operating levels in Asia, with Europe likely next and the U.S. potentially facing shortages by July, said Carlyle's Jeff Currie.